Plains All American Pipeline, L.P.

PAA Energy Oil & Gas Midstream

Plains All American Pipeline, L.P.’s revenue for fiscal 2025 (year ended December 2025) was $44.3 billion, down 9.46% from fiscal 2024.

Revenue
+66.3%
EPS
+1,095.2%
Free cash flow
+50.9%
Total debt
−2.74%

Quarter to June 2026, against a year earlier

24.57 0.64 −2.54%
Market cap
$17.3B
P/E
6.8×
Fwd P/E
7.2×
Dividend yield
6.80%
F-score
5/9
Altman Z
n/a
Beneish M
−2.94
Dividend safety
37/100

Plains All American Pipeline, L.P. (PAA) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Plains All American Pipeline, L.P. (PAA) trades at a P/S ratio of 0.3×. Over the past ten years it has ranged from 0.1× (March 2020) to 1.0× (March 2017); the current reading is higher than 53% of that period. That is below the Oil & Gas Midstream industry median of 2.4× and below the Energy sector median of 1.5×.

P/S ratio, daily

Embed this chart

Annual newest first

Period P/S ratio Change
FY2025 0.3× 16.47%
FY2024 0.2× 8.59%
FY2023 0.2× 59.99%
FY2022 0.1× (11.14%)
FY2021 0.2× (38.32%)
FY2020 0.3× (35.13%)
FY2019 0.4× (7.05%)
FY2018 0.4× (26.61%)
FY2017 0.6× (22.55%)
FY2016 0.8× 91.20%

Quarterly newest first

Period P/S ratio Change
Jun 2026 0.3× (13.75%)
Mar 2026 0.3× 21.95%
Dec 2025 0.3× 7.93%
Sep 2025 0.3× (4.92%)
42 more quarters

Against its own ten years

Low 0.1× High 1.0×
Ten-year median 0.3×
Current reading's percentile 57

P/S ratio against peers

Company P/S ratio
PAGP Plains Group Holdings, L.P. compare 0.1×
PAA Plains All American Pipeline, L.P. 0.3×
VG Venture Global, Inc. compare 1.7×
CQP Cheniere Energy Partners, L.P. compare 2.4×
FRO Frontline PLC compare 3.3×
VNOM Viper Energy Inc. compare 3.4×
WES Western Midstream Partners, LP compare 3.6×
PBA Pembina Pipeline Corp. compare 4.7×
DTM DT Midstream, Inc. compare 8.7×
Oil & Gas Midstream industry median 2.4×
Energy sector median 1.5×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

More on PAA